IProperties Acquires Multifamily Property In Chicago For $1.275M
3327 North Sheffield Avenue, Chicago, IL 60657, USA
$1,275,000
$395/SF
Building Size
3,225 SF
Asset Type
MultiFamily
Closing
Nov 17, 2021
AI
A multifamily property located at 3327 N Sheffield Ave in Chicago has been sold for a price of $1,275,000. The property consists of 4 units, resulting in a price per unit of $318,750. The sale took place on 11/17/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Address: 3327 N Sheffield Ave, Chicago
- Market: Chicago
Eun Hee Jung from iProperties represented the buyer in this transaction, while Nicholas Apostal from Keller Williams ONEChicago acted as the seller's representative.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93